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Contactless Payment Market: Key Trends & Competitive Dynamics

Magnetic-stripe cards, a thing of the 1960s, have become passe, giving way to spectrum of contactless payments. They are similar to EMV payments but far more secure and flexible for merchants and users. The contactless payment framework is based on NFC or RFID, and enable consumers to make contactless payments when the card is within a specific distance of the machines, typically 10 cm or less, such as near POS or retail counters.<br><br>Read More : https://www.tmrresearch.com/contactless-payment-market<br><br>View Sample Report :https://www.tmrresearch.com/sample/sample?flag=B&rep_id=7330

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Contactless Payment Market: Key Trends & Competitive Dynamics

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  1. CONTACTLESS PAYMENT MARKET Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 – 2030 TMRResearch www.tmrresearch.com

  2. CONTACTLESS PAYMENT MARKET 1MARKETOVERVIEW Magnetic-stripe cards, a thing of the 1960s, have become passe, giving way to spectrum of contactless payments. They are similar to EMV payments but far more secure and flexible for merchants and users. TMRResearch www.tmrresearch.com

  3. CONTACTLESS PAYMENT MARKET 2KEY TRENDS The past few decades have seen the surge in adoption of payment systems that are hassle-free both for merchants and consumers. Rise in online payment transactions on-the-go is another key trend in the contactless payment market. Rise in use of credit cards at POS has also fuelled the opportunities in the market. TMRResearch www.tmrresearch.com

  4. CONTACTLESS PAYMENT MARKET 3KEY DEVELOPMENTS Strides in digital payment services have increasingly shaped the competitive scenario in the contactless payment market. Need for maintaining distance due to COVID has spurred the preference of contactless payments even among the smallest retailers in 202 TMRResearch www.tmrresearch.com

  5. CONTACTLESS PAYMENT MARKET 4KEY PLAYERS Some of the key industry players in the market are; Wirecard AG Verifone Systems Inc. Thales Group Ingenico Group SA Visa Inc. TMRResearch www.tmrresearch.com

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